Why is Tour. Fin. Corp. falling/rising?

As of 01-Aug, the Tourism Finance Corporation of India Ltd is experiencing a decline in its stock price, currently at Rs 283.15, which reflects a decrease of Rs 13.85 or 4.66%. Today's price summary indicates that the stock has underperformed its sector by 3.18% and has reversed its trend after three consecutive days of gains. The stock touched an intraday low of Rs 282, marking a 5.05% drop. Despite trading above its moving averages, the stock has seen a decline in investor participation, with delivery volume falling by 21.01% compared to the five-day average. Although the company has strong cash reserves and a low debt-equity ratio, its long-term fundamental strength is questioned due to an average return on equity of 8.97% and stagnant net sales growth. In the broader market context, the stock's short-term performance over the past week shows a decline of 2.23%, while the benchmark Sensex has decreased by only 1.06%. This underperformance highlights the stock's recent struggles despite its impressive year-to-date return of 71.29% and consistent returns over the last three years. Institutional investors have increased their stake, indicating some confidence in the company's fundamentals, yet the stock's high valuation relative to its peers and a PEG ratio of 2.3 suggest it may be overvalued, contributing to the current price decline.